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jarptica [38.1K]

3 years ago

15

you are at the checkout counter at the local supermarket and use your debit card to pay for your groceries. where does the money

for this purchase come from?

1 answer:

elixir [45]3 years ago

6 0

Answer:

Of your own account

Explanation:

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The annual coupon rate is 2%, but coupons are paid semiannually. The yield to maturity was 1.85%. If the par value is $100,000,

erastova [34]

Answer:

Hi the number of years to maturity for this Bond is missing. I have tried to search for the full question online but could not find it. However, I will help you get the technique to solve this problem.

The amount of money you pay for the Bond is its Present Value (PV) normally called Current Price of the Bond.

To calculate this, you should have the other remaining elements of the Bond which are : Coupon rate (PMT) , Period of payments within a year (P/YR), Yield To Maturity (YTM), Par Value (Future Value of Bond).

<u>So </u><u><em>assuming</em></u><u> that the Bond in question matures in </u><em><u>5 years</u></em><u> the calculation will be as follows :</u>

Pmt = (1,000,000 × 2%) ÷ 2 = $10,000

Ytm = 1.85 %

Fv = $1,000,000

P/yr = 2

N = 5 × 2 = 10

Pv = ?

You would pay $1,007,132 for this bond

7 0

3 years ago

Which ideas are good ones to keep in mind when trying to come up with a research idea?

Andreyy89

The key to locating a good research idea is to find a topic that:

4) You want to know more about

<h3>What are the 5 most important things you will require to research about your topic?</h3>

5 Steps for How to Research

Step 1: Pick a Subject.

Step 2: Are There Adequately Sources?

Step 3: Validation: Find the Finest Sources.

Step 4: Make Reminders.

Step 5: Organize Your Details.

Ideas for research problems or topics can emerge from a range of sources such as personal or professional knowledge, a theory, the media, or other research studies.

To learn more about the research studies visit the link

brainly.com/question/14735769

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6 0

2 years ago

On July 1, 2021, Clearwater Inc. purchased 9,300 shares of the outstanding common stock of Mountain Corporation at a cost of $21

il63 [147K]

Answer and Explanation:

1. The journal entry is given below:

Investment in Mountain $213,000

To Cash $213,000

(Being the original investment is recorded)

Here the investment is debited as it increased the assets and credited the cash as it decreased the assets

2.

The goodwill is

Purchase price $213,000

Less : Fair value of assets purchased (30%of $660,000) $198,000

Goodwill Purchased (difference) $15,000

3.

Cash (30% × $11,700) $3,510

To Investment in Mountain $3,510

(being cash is recorded)

Investment in Mountain (30% 17,700) $5,310

To Investment Revenue $5,310

(Being investment is recorded)

6 0

3 years ago

Which of the following are true of an economy operating below full employment? Check all that apply. Actual real GDP is less tha

scoray [572]

Answer:

The economy has an unemployment rate higher than the natural rate of unemployment.

Explanation:

Full Employment is when all workers able & willing to work, are employed.

Unemployment is when a person able & willing to do a work , doesn't get work.

However, there is certain 'natural' level of unemployment normalised during efficient running of economy. It involves frictional & structural unemployment. Frictional unemployment is temporary unemployment of people shifting their jobs and Structural unemployment is temporary unemployment due to industrial reorganisation (eg : technological change).

So, Economy being below Full Employment implies that economy has unemployment level above natural rate of unemployment.

4 0

3 years ago

if a taxpayer's 2019 household income of $60,000 places the taxpayer at 350% of the federal poverty level, what is the taxpayer'

horsena [70]

Answer:

The taxpayer's normal expected contribution when calculating the refundable tax credit for which the taxpayer may be eligible under the ppaca to purchase a qualified health plan is $57,000.

Explanation:

With an income of $ 600,000, the tax payer is at 350% of the Federal Poverty Level or FPL, so the normal expected contribution is 9.5% of his income.

The normal expected contribution = 9.5% of his income

= 600000*9.5%

= $57,000

Therefore, The taxpayer's normal expected contribution when calculating the refundable tax credit for which the taxpayer may be eligible under the ppaca to purchase a qualified health plan is $57,000.

5 0

4 years ago